FIFTEEN $12,000 AWARDS FOR LOCAL TEACHERS

With two weeks remaining, there is still time to nominate a teacher for the 2014 Commonwealth Bank Foundation Teaching Awards. The teachers will have the opportunity to be recognised and awarded $10,000 to fund an existing or new financial education initiative in their schools, along with a $2,000 personal reward.

Teachers play an important role in helping to improve the money management skills of Australian students, and the Commonwealth Bank Foundation Teaching Awards acknowledge this important contribution.

The Commonwealth Bank Foundation Teaching Awards reward teachers for their exceptional contribution to building the fundamental financial skills of their students. The Commonwealth Bank Foundation will award 15 teachers from across Australia with $10,000 each to further develop their financial learning program, as well as an additional $2,000 personal reward for each winning teacher.

Applications for the Teaching Awards are open to all Kindergarten to Year 12 teachers in Australian schools. Remember - applications close 5.00pm (AEST) Friday 16 May 2014, so nominate a teacher today. Winners will be announced on Friday 25 July 2014.

The online application process is simple. To apply, teachers must outline their financial education program, or a program they plan to implement. Visit www.commbank.com.au/teachingawards.

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Notes to editors:

About the Commonwealth Bank Foundation

The Commonwealth Bank Foundation was established in 2003 to improve the financial literacy of young people. The Foundation delivers a range of educational programs, including our award-winning StartSmart workshops, which will reach more than 275,000 Australian students this year. The Foundation’s programs are educational and do not promote the products or services of the Commonwealth Bank.